The North America Ornamental Fish Market would witness market growth of 7.8% CAGR during the forecast period (2022-2028).
Aquariums for ornamental fish are becoming into emotional and academic development instruments. An aquarium may be enjoyed for its interesting and fun design, but the consequences of engaging with nature in such a personal way are far more profound than most people realize. Furthermore, the research presented above indicates that physical contact with nature promotes cerebral or cognitive growth. In other words, people's ability to generate thoughts and solve problems improves when they see and engage with an aquarium. Apart from emotional growth, home fish aquariums are also an excellent educational tool. Tourist attractions such as aquariums, aquatic parks, aqua museums, and other attractions are popular throughout the spring and summer months.
The trade-in marine ornamental fishes appear to have begun in the 1930s, but the quantity and variety of species sold are unknown. Estimates or inferences based on limited information from different formal and trade organizations are currently available. Almost all marine ornamental fish are taken in the wild on coral reefs, and fatality rates can be severe along the supply chain.
The repercussions of removing these fish from their natural habitats are unknown. In an attempt to create a more accurate picture of the scope of commercial activity, this page compiles and evaluates accessible information, including scientific research and publications from the United Nations' Food and Agriculture Organization, as well as from other official and trade organizations.
It shows that analyzing the commerce in marine ornamental fishes is nearly impossible due to a paucity of trade data and the fact that existing data for marine species is commonly merged with data for freshwater species. This study emphasizes the critical need for a monitoring system to collect precise and timely data on the number and variety of ornamental fishes in commerce, as well as information on where specimens came from and whether they were wild-caught or captive-bred.
The US market dominated the North America Ornamental Fish Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,780.5 million by 2028. The Canada market is estimated to grow at a CAGR of 10.3% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 9.3% during (2022 - 2028).
Based on Application, the market is segmented into Commercial and Household. Based on Product, the market is segmented into Tropical Freshwater, Temperate, and Marine. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Ornamental Fish Market is Estimated to reach $8.6 Billion by 2028, at a CAGR of 8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Aqua-Nautic Specialist Pte Ltd., AlgaeBarn, LLC, bioAquatiX, Imperial Tropicals, Oasis Fish Farm, Sanyo Aquarium (Pte) Ltd., Qian Hu Corporation Limited, Sunbeam Aquarium Pte Ltd., and Tropical Fish International Pte Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Application
By Product
- Tropical Freshwater
- Temperate
- Marine
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Aqua-Nautic Specialist Pte Ltd.
- AlgaeBarn, LLC
- bioAquatiX
- Imperial Tropicals
- Oasis Fish Farm
- Sanyo Aquarium (Pte) Ltd.
- Qian Hu Corporation Limited
- Sunbeam Aquarium Pte Ltd.
- Tropical Fish International Pte Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Ornamental Fish Market, by Application
1.4.2 North America Ornamental Fish Market, by Product
1.4.3 North America Ornamental Fish Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Ornamental Fish Market by Application
3.1 North America Commercial Market by Country
3.2 North America Household Market by Country
Chapter 4. North America Ornamental Fish Market by Product
4.1 North America Tropical Freshwater Market by Country
4.2 North America Temperate Market by Country
4.3 North America Marine Market by Country
Chapter 5. North America Ornamental Fish Market by Country
5.1 US Ornamental Fish Market
5.1.1 US Ornamental Fish Market by Application
5.1.2 US Ornamental Fish Market by Product
5.2 Canada Ornamental Fish Market
5.2.1 Canada Ornamental Fish Market by Application
5.2.2 Canada Ornamental Fish Market by Product
5.3 Mexico Ornamental Fish Market
5.3.1 Mexico Ornamental Fish Market by Application
5.3.2 Mexico Ornamental Fish Market by Product
5.4 Rest of North America Ornamental Fish Market
5.4.1 Rest of North America Ornamental Fish Market by Application
5.4.2 Rest of North America Ornamental Fish Market by Product
Chapter 6. Company Profiles
6.1 Aqua-Nautic Specialist Pte Ltd.
6.1.1 Company Overview
6.2 AlgaeBarn, LLC
6.2.1 Company Overview
6.3 bioAquatiX
6.3.1 Company Overview
6.4 Imperial Tropicals
6.4.1 Company Overview
6.5 Oasis Fish Farm
6.5.1 Company Overview
6.6 Sanyo Aquarium (Pte) Ltd.
6.6.1 Company Overview
6.7 Qian Hu Corporation Limited
6.7.1 Company Overview
6.7.2 Financial Analysis
6.7.3 Segmental and Regional Analysis
6.8 Sunbeam Aquarium Pte Ltd.
6.8.1 Company Overview
6.9 Tropical Fish International Pte Ltd.
6.9.1 Company Overview
TABLE 1 North America Ornamental Fish Market, 2018 - 2021, USD Million
TABLE 2 North America Ornamental Fish Market, 2022 - 2028, USD Million
TABLE 3 North America Ornamental Fish Market by Application, 2018 - 2021, USD Million
TABLE 4 North America Ornamental Fish Market by Application, 2022 - 2028, USD Million
TABLE 5 North America Commercial Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Commercial Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Household Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Household Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Ornamental Fish Market by Product, 2018 - 2021, USD Million
TABLE 10 North America Ornamental Fish Market by Product, 2022 - 2028, USD Million
TABLE 11 North America Tropical Freshwater Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Tropical Freshwater Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Temperate Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Temperate Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Marine Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Marine Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Ornamental Fish Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Ornamental Fish Market by Country, 2022 - 2028, USD Million
TABLE 19 US Ornamental Fish Market, 2018 - 2021, USD Million
TABLE 20 US Ornamental Fish Market, 2022 - 2028, USD Million
TABLE 21 US Ornamental Fish Market by Application, 2018 - 2021, USD Million
TABLE 22 US Ornamental Fish Market by Application, 2022 - 2028, USD Million
TABLE 23 US Ornamental Fish Market by Product, 2018 - 2021, USD Million
TABLE 24 US Ornamental Fish Market by Product, 2022 - 2028, USD Million
TABLE 25 Canada Ornamental Fish Market, 2018 - 2021, USD Million
TABLE 26 Canada Ornamental Fish Market, 2022 - 2028, USD Million
TABLE 27 Canada Ornamental Fish Market by Application, 2018 - 2021, USD Million
TABLE 28 Canada Ornamental Fish Market by Application, 2022 - 2028, USD Million
TABLE 29 Canada Ornamental Fish Market by Product, 2018 - 2021, USD Million
TABLE 30 Canada Ornamental Fish Market by Product, 2022 - 2028, USD Million
TABLE 31 Mexico Ornamental Fish Market, 2018 - 2021, USD Million
TABLE 32 Mexico Ornamental Fish Market, 2022 - 2028, USD Million
TABLE 33 Mexico Ornamental Fish Market by Application, 2018 - 2021, USD Million
TABLE 34 Mexico Ornamental Fish Market by Application, 2022 - 2028, USD Million
TABLE 35 Mexico Ornamental Fish Market by Product, 2018 - 2021, USD Million
TABLE 36 Mexico Ornamental Fish Market by Product, 2022 - 2028, USD Million
TABLE 37 Rest of North America Ornamental Fish Market, 2018 - 2021, USD Million
TABLE 38 Rest of North America Ornamental Fish Market, 2022 - 2028, USD Million
TABLE 39 Rest of North America Ornamental Fish Market by Application, 2018 - 2021, USD Million
TABLE 40 Rest of North America Ornamental Fish Market by Application, 2022 - 2028, USD Million
TABLE 41 Rest of North America Ornamental Fish Market by Product, 2018 - 2021, USD Million
TABLE 42 Rest of North America Ornamental Fish Market by Product, 2022 - 2028, USD Million
TABLE 43 Key Information – Aqua-Nautic Specialist Pte Ltd.
TABLE 44 Key Information – AlgaeBarn, LLC
TABLE 45 Key Information – bioAquatiX
TABLE 46 Key Information – Imperial Tropicals
TABLE 47 Key Information – Oasis Fish Farm
TABLE 48 Key Information – Sanyo Aquarium (Pte) Ltd.
TABLE 49 Key Information – Qian Hu Corporation Limited
TABLE 50 Key Information – Sunbeam Aquarium Pte Ltd.
TABLE 51 Key Information – Tropical Fish International Pte Ltd.
List of Figures
FIG 1 Methodology for the research